How To Place Stop Loss Order In Nirmal Bang?
Traders are allowed to place stop-loss orders, either limiting the risk or protecting a certain proportion of current profits in their trading position. As soon as a price threshold is triggered, the stop-loss order effectively triggers an order on the market.
Steps to Place Stop Loss Order in Nirmal Bang
| Steps | Description |
| 1 | Select Stock |
| 2 | Select “SL Order” |
| 3 | Press Continue |
| 4 | Enter Desired Quantity |
| 5 | Enter wish to sell in Stop Loss field |
| 6 | Click SL Order |
How Do I Place Stop Loss Order in Nirmal Bang
To use the SL feature, click on ‘Advanced Options’ when placing an order for an ordinary buying or selling transaction, a market order, or a limit order. Please indicate the value of the “SL trigger” price when selecting the option to stop the SL loss order. When the live price of a stock hits that price, your order will be executed.
Step 1. Select the stock and then enter the quantity.
Step 2. Click on the top right icon. You can select the “SL Order” option at this point.
Step 3. To go on, press ‘continue.’
Step 4. Enter the desired QTY in the given field when opening an appropriate stock.
Step 5. Under the Sell Order, enter what you wish to sell in the Stop Loss field.
Step 6. Click on the SL Order button.
By following the steps mentioned above, you can easily place stop-loss order through Nirmal Bang.